Rank the following asset classes from highest to lowest in total returns over the last 50 years.

Large Stocks (S&P 500)

Small Stocks (Russell 2000)

Gold

Corporate Bonds

For a typical corporation rate the following costs from highest to lowest.

Question 14 options:

The after tax cost of debt kd*(1 -Tc)

The weighted average cost of capital (WACC)

The cost of a new equity issue (re)

The cost of retained earnings (rs)